Square Buys Zesty

Square has increased its bet on food delivery with the buy of Zesty, the leading company in catering delivery. The California-based company bought Zesty from its own food delivery company, Caviar, to integrate its talent and technology in his mission to dominate an already crowded market. Gokul Rajaran, Square’s Caviar Chief, also expects that this movement benefits the restaurants working with them.

Zesty’s unique combination of technology and UX allows then to offer one of the more popular platforms to provide large-scale food ordering, and now they will have all the Square assets to improve their impact as part of Caviar.

“We share the same philosophy of offering only the best food from top-quality restaurants, and we are excited by Square’s passion for building smart tools to help restaurants grow,” said in PR Newswire, Chris Hollindale, founder and CEO of Zesty.

Square shares have been gaining value for the last 12 months, as Market Watch first noted, with trading up 194%, when the S&P 500 gained only 15% in the same period.

Scoota Partners with Ternio

The Funnel Reports Top News Story Scoota, the market leader for automated, brand-safe online branding has partnered with Ternio, a preferred blockchain partner, to bring transparency to programmatic digital advertising. ****
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The Funnel Report: Friday Recap (Nov 12-15)

The Funnel Reports Weekly News Recap Experience management company, Qualtrics, was all set for an IPO launch this week before SAP announced that it is acquiring the company for $8 billion. Cisco recently announced the launch of a hybrid deployment option for customers of both Cisco and Amazon’s Web Services. Alibaba has decided to make Alicloud, their cloud computing arm, its main business in the future. Cisco recently announced the layoff of roughly 460 employees from their San Jose, California headquarters. Two-year-old startup, Growlabs, has been acquired by Adroll Group to help them boost their identity graph and data capabilities. Mixpanel is the world’s largest user analytics platform and is looking to expand their commitment to helping organizations grow and make more data-informed marketing decisions. VoltDB, a real-time application database, will derive analytics results from data streams based on machine learning algorithms from MapR Technologies. ****
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Mixpanel Expands Business Offerings

The Funnel Reports Top News Story Mixpanel is the world’s largest user analytics platform and is looking to expand their commitment to helping organizations grow and make more data-informed marketing decisions. ****
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Follow The Funnel Report on Instagram HERE: https://www.instagram.com/tech_funnel_online/ TechFunnel.com is an ambitious technology-focused digital channel dedicated to highlighting the economy of information and the massive intersection of business and technology. We offer useful information, news, tools, and recommendations about what is new in the industry, where technology is headed, and how it can help you improve your personal and professional life. The goal of TechFunnel.com is to keep businesses and consumers on the cutting edge of need to know information about the people, product, companies, and innovations that are changing the world.